Credit Scores News
Credit scores slide downward
Credit scores for a quarter of American consumers are now too low to qualify for a mortgage or credit card.
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Credit Scores Hitting the Floor? You Aren't Alone
Credit scores are hitting the floor across the country. Recent reports indicate Americans credit scores are hitting all time lows. FICO Inc. provides a recent analysis of credit scores based on consumer credit reports as of April. They found about 25.5% of consumers have a credit score of 599 or lower. This state of affairs is making it impossible for many Americans to get credit cards, auto ...
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Credit reports used by insurance companies
Dear Action Line: Is it true that insurance companies can call up someone's credit report and set their insurance rates based on their credit scores? W.P., Tulsa.
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Scores show poor student performance
Test scores released this week by the state Department of Education show that more than half of the high school students in Union and Madison parishes failed the End of Course algebra I test. Nearly half of East Carroll, Madison and Richland failed the End of Course English II test.
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Low credit scores common in U.S.
FICO credit scores, which most lenders use to determine interest rates, have been dropping around the country, according to FICO Inc.
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